The real green shift : The Liberals, the Greens and everybody else who thinks that market signals will save the planet need to think again | in their own words
Posted by Graham on June 25th, 2008
–Duncan Cameron sets the record straight. The market cannot help us here, we must take the polluters and emitters on as a society.
The most obvious problem with the Green Shift proposed by Stéphane Dion is that the Liberal party plan will not reduce greenhouse gas emissions significantly, if at all. The hidden assumption is that if the new carbon tax works, it will reduce the revenues available to the federal government (i.e. for needed investments in green energy). The biggest shortcoming is that the Liberal Green Shift relies on market pricing to fix a massive market failure that threatens the extinction of the planet.
